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Foreign Investment, Corporate Ownership, and Development:Are Firms in Emerging Markets Catching Up to the World Standard?

Sabirianova, Klara Z.; Svejnar, Jan; Terrell, Katherine - 2005

advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent …

Persistent link: https://www.econbiz.de/10009476852

Distance to the Efficiency Frontier and FDI Spillovers

Peter, Klara Sabirianova; Svejnar, Jan; Terrell, Katherine - 2004

and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the … change from 1995-1997 to 1998-2000. However, the distance to the frontier is orders of magnitude greater in Russia than in …, in the Czech Republic this “negative spillover” effect is diminished over time, whereas in Russia it continues to cause …

Persistent link: https://www.econbiz.de/10009476861

Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?

Svejnar, Jan - 2007

Republic and Russia. Using 1992-2000 panel data on virtually all medium and large industrial firms in each country, we find …

Persistent link: https://www.econbiz.de/10009477424

Do Institutions, Ownership, Exporting and Competition Explain Firm Performance? Evidence from 26 Transition Countries

Svejnar, Jan - 2007

We analyze a large stratified random sample of firms that provide us with measures of performance and each firm’s top manager’s perception of the severity of business environment constraints faced by his/her firm. Unlike most existing studies that rely on external and aggregated proxy...

Persistent link: https://www.econbiz.de/10009476938

Priorities and Sequencing in Privatization: Theory and Evidence from the Czech Republic

Gupta, Nandini; Ham, John C.; Svejnar, Jan - 2000

While privatization of state-owned enterprises has been one of the most important aspects of economic transition from a centrally planned to a market system, no transition economy has privatized all its firms simultaneously. This raises the issue of whether governments strategically privatize...

Persistent link: https://www.econbiz.de/10009476771

Ownership and Firm Performance after Large-Scale Privatization

Svejnar, Jan; Kocenda, Evžen - 2003

We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and large firms privatized in a model large-scale privatization economy (Czech Republic). We find that concentrated foreign ownership improves economic performance, but domestic...

Persistent link: https://www.econbiz.de/10009476867

When Does FDI Have Positive Spillovers? Evidence from 17 Emerging Market Economies

Svejnar, Jan - 2007

We use firm-level data and national input-output tables from 17 countries over the 2002- 2005 period to test new and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the host country (i.e., spillovers). Providing evidence from a...

Persistent link: https://www.econbiz.de/10009476908

Spinoffs, Privatization and Corporate Performance in Emerging Markets

Hanousek, Jan; Kocenda, Evžen; Svejnar, Jan - 2004

We use new firm-level data to examine the effects of spinoffs and privatization on corporate performance in a rapidly emerging market economy. Unlike the existing literature, which analyzes spinoffs almost exclusively in advanced economies, we control for accompanying ownership changes and the...

Persistent link: https://www.econbiz.de/10009477049

Returns to Human Capital under the Communist Wage Grid and During the Transition to a Market Economy

Munich, Daniel; Svejnar, Jan; Munich, Daniel - 1999

Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper we use new micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market economy. We use data from the Czech Republic because it...

Persistent link: https://www.econbiz.de/10009477071

Worker-Firm Matching and Unemployment in Transition to a Market Economy: (Why) Were the Czechs More Successful than Others?

Munich, Daniel; Svejnar, Jan; Terrell, Katherine - 1998

Using panel district level data from the Czech and Slovak Republic in the 1990s, we find that the exceptionally low unemployment rate in the Czech Republic as compared to Slovakia and the other CEE economies has been brought about principally by the following phenomena in the Czech Republic: (1)...

Persistent link: https://www.econbiz.de/10009477172